2-49

a. I don’t think that having a lot of loans is an example of poor corporate governance. It may be a symptom of a struggling company, though. Struggling companies have more incentive to commit fraud because they may want to hide their weak position or they may need to show a better position on their statements to secure more loans.
b. Simply having incentive based compensation for the CEO and CFO is not poor corporate governance. An auditor will have to realize that the CEO and CFO have incentive to manipulate things to overstate growth in assets and profits and keep the stock price growing, though.
c. This violates the corporate governance guideline that the audit committee should have at least three independent members. I wouldn’t call the retired CFO independent. The risk factor here is opportunity, because there are not enough independent members on the audit committee.
d. This is not a violation of good corporate governance. It is important that the company has some sort of whistleblower policy in place, though, so that the internal auditor can go around the CFO if needed.
e. This is not a violation of good corporate governance by itself. It is important that the CEO maintains transparency, though.
f. This is not a violation of good corporate governance as long as the committee remains independent and objective. Corporate governance is all about accountability. Even though this committee is deciding on an ex-post basis, at least when management takes out these loans they know that they will have to answer for them in the future. This will cause them to be more careful when taking out the loans.
g. This is not necessarily a violation of good corporate governance because the previous auditor could have been wrong. I would be very wary of accepting this client, though. If I did, I would pay special attention to the area that the previous…...

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Assignment title | Collection and Analysis of Data for Decision Making (1 of 2) |
In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. |
Learning Outcome | Learning outcome | Assessment Criteria | In this assessment you will have the opportunity to present evidence that shows you are able to: | Task no. | Evidence(Page no) |
LO1 | Be able to use avariety of sources forthe collection of data,both primary andsecondary | 1.1 | Create a plan for the collection of primary andsecondary data for a given business problem | 1 | 12 |
| | 1.2 | Present the survey methodology and sampling frame used | 1 | 12,13 |
| | 1.3 | Design a questionnaire for a given business problem | 1 | 13 |
LO2 | Understand a range oftechniques to analysedata effectively forbusiness purposes | 2.1 | Create information for decision making bysummarising data using representative values | 2 | 16 |
| | 2.2 | Analyse the results to draw valid conclusions in a business context | 2 | 16-51 |
| | 2.3 | Analyse data using measures of dispersion to inform a given business scenario | 2 | 16-51 |
| | 2.4 | Explain how quartiles, percentiles and thecorrelation coefficient are used to draw usefulconclusions in a business context | 2 | 26-49 |
Student declaration |
I certify that the work submitted for this assignment is my own. I have clearly......

...Second card there are 47 out of 49 cards, and for the third card, 46 out of 48 that will not be the same as my cards.
ii. 1-(48/50)*(47/49)*(46/48)= 11.76%
e. Gives you “trips,” that is, contains exactly 1 card of your denomination and 2 other unpaired cards.
i. Same card as I have, 2 out of 50 chance of coming out. The next card can be any other card besides mine, which is 48 out of the 49 remaining cards. The third card can be any other card than one of mine, that would be 44 out of 48 remaining cards. Then you multiply by 3 to take into account the 3 different ways that the cards can come out.
ii. (2/50)*(48/49)*(44/48)*3= 10.8%
f. Gives you “quads,” that is, contains 2 cards of your denomination.
i. First card has to be the same as mine, 2 out of 50. The second card also has to be the same as my pair, 1 out of 49. The third can be any other card besides mine, 48 out of 48. Then multiply by 3 for the 3 different ways the cards can come out.
ii. (2/50)*(1/49)*(48/48)+(48/50)*(2/49)*(1/48)+(2/50)*(48/49)*(1/48)= 0.245%
g. Gives you a “boat,” that is, contains 1 card of your denomination and 2 cards of another denomination.
i. Card to match my cards, 2 out of 50. Next card can be any other card not like mine, 48 out of 48. The third card has to match the 2nd card, 3 out of 48. Then multiply by 3 for the 3 different ways the cards can come out.
ii. (2/50)*(48/49)*(3/48)*3= 0.73%...

...Annals of Internal Medicine
Clinical Guidelines
Screening Mammography for Women 40 to 49 Years of Age: A Clinical Practice Guideline from the American College of Physicians
Amir Qaseem, MD, PhD, MHA; Vincenza Snow, MD; Katherine Sherif, MD; Mark Aronson, MD; Kevin B. Weiss, MD, MPH; and Douglas K. Owens, MD, MS, for the Clinical Efficacy Assessment Subcommittee of the American College of Physicians*
Breast cancer is one of the most common causes of death for women in their 40s in the United States. Individualized risk assessment plays an important role when making decisions about screening mammography, especially for women 49 years of age or younger. The purpose of this guideline is to present the available
evidence for screening mammography in women 40 to 49 years of age and to increase clinicians’ understanding of the benefits and risks of screening mammography.
Ann Intern Med. 2007;146:511-515. For author affiliations, see end of text. www.annals.org
RECOMMENDATIONS
Recommendation 1: In women 40 to 49 years of age, clinicians should periodically perform individualized assessment of risk for breast cancer to help guide decisions about screening mammography. A careful assessment of a woman’s risk for breast cancer is important. The 5-year breast cancer risk can vary from 0.4% for a woman age 40 years with no risk factors to 6.0% for a woman age 49 years with several risk factors (1). Factors that increase the risk for breast cancer include older age, family...

...Annals of Internal Medicine
Clinical Guidelines
Screening Mammography for Women 40 to 49 Years of Age: A Clinical Practice Guideline from the American College of Physicians
Amir Qaseem, MD, PhD, MHA; Vincenza Snow, MD; Katherine Sherif, MD; Mark Aronson, MD; Kevin B. Weiss, MD, MPH; and Douglas K. Owens, MD, MS, for the Clinical Efficacy Assessment Subcommittee of the American College of Physicians*
Breast cancer is one of the most common causes of death for women in their 40s in the United States. Individualized risk assessment plays an important role when making decisions about screening mammography, especially for women 49 years of age or younger. The purpose of this guideline is to present the available
evidence for screening mammography in women 40 to 49 years of age and to increase clinicians’ understanding of the benefits and risks of screening mammography.
Ann Intern Med. 2007;146:511-515. For author affiliations, see end of text. www.annals.org
RECOMMENDATIONS
Recommendation 1: In women 40 to 49 years of age, clinicians should periodically perform individualized assessment of risk for breast cancer to help guide decisions about screening mammography. A careful assessment of a woman’s risk for breast cancer is important. The 5-year breast cancer risk can vary from 0.4% for a woman age 40 years with no risk factors to 6.0% for a woman age 49 years with several risk factors (1). Factors that increase the risk for breast cancer include older age, family...

...unpaired
card) = 2/50 x 48/49 x 44/48 = 4224/117600 = .0359 = 3.59%
The probability of being dealt a card of your denomination is 2/50 as calculated above.
The probability of being dealt any other card is 48/49 because there are 49 total cards left in the deck, and 48 of them are different from the cards you were dealt. The probability of being dealt any other unpaired card is 44/48 because there will be a total of 48 cards left in the deck, and 44 will be different from the previous two cards (1 left of the original denomination and 3 left of the denomination of the card that was just chosen, 48 – 1 – 3 =44).
Answer= .0359 = 3.59%
F) Assuming that you are dealt a "pocket pair", determine the probability that the flop gives you "quads" that is, contains 2 cards of your denomination.
P(being dealt card of your denomination) x P(being dealt card of your denomination)
x P (being dealt any other card) = 2/50 x 1/49 x 1 = 2/2450 = .0008 = .08%
The probability of being dealt a card of your denomination is 2/50 as calculated in d. The probability of being dealt the last card of your denomination is 1/49 because there are 49 total cards left in the deck, and only 1 is left of your denomination. The probability of being dealt any other card is 1 because it is a certain event.
Answer = .0008 = .08%
G) Assuming that you are dealt a "pocket pair", determine the probability that the flop gives you a "boat", that is, contains 1 card of your denomination and 2......

...Furthermore, the age range of our sample was not illustrative of the population. As to better represent the population’s age distribution, we should have ideally sampled participants with ages ranging between 17 & 65. In regards to the nationality, we would have preferred a higher percentage of Dutch participants, preferably around 75%; however we managed to retain an above average ratio of Dutch participants, specifically 56%. Conversely, to decrease the possibility of a subjective outcome our sample participants diversified greatly.
2. Coding the PITT scale (2 points) The survey includes the Personal Innovativeness in the Domain of Information Technology scale.
2.1 Did you transform any of the items in the scale before the analysis? How?
Before we did the analysis we recoded the variable ‘in general I am hesitant to try out new information technologies’ to create consistency among our PITT questions. We changed the scale so 1 became 7, 2 became 6 etc. After this a high score on a PITT question indicates a more positive attitude towards information technologies.
2.2 What is the Cronbach’s alpha of the scale for your sample? Can it be considered acceptable?
The Cronbach’s alpha of the scale of our sample is 0.624. Since Cronbach’s alpha is considered to be reliable for 0.70 and higher, our alpha is not acceptable. (See Appendix 1)
3. Importance of Smartwatch Characteristics
3.1 Are there significant differences in the perceived importance of the......